QUARKCHAIN - QKC/USDT - Daily - Technical analysis published on 11/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.005255 USDT
My targets
0.003618 USDT (-11.70%)
0.002976 USDT (-27.35%)
My analysis
The bearish trend is currently very strong for QUARKCHAIN - QKC/USDT. As long as the price remains below the resistance at 0.005255 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.003618 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.002976 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The QUARKCHAIN - QKC/USDT rating is 0.004097 USDT. On the day, this instrument gained +3.15% with the lowest point at 0.003907 USDT and the highest point at 0.004199 USDT. The deviation from the price is +4.86% for the low point and -2.43% for the high point.0.003907
0.004199
0.004097
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of QUARKCHAIN - QKC/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.004097 | 0.005255 | 0.012840 | 0.018490 |
| Change (%) | - | +28.26% | +213.40% | +351.31% |
| Change | - | +0.001158 | +0.008743 | +0.014393 |
| Level | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003127 | 0.003315 | 0.003643 | 0.003831 | 0.004159 | 0.004347 | 0.004675 |
| Camarilla | 0.003830 | 0.003877 | 0.003925 | 0.003972 | 0.004019 | 0.004067 | 0.004114 |
| Woodie | 0.003198 | 0.003350 | 0.003714 | 0.003866 | 0.004230 | 0.004382 | 0.004746 |
| Fibonacci | 0.003315 | 0.003512 | 0.003634 | 0.003831 | 0.004028 | 0.004150 | 0.004347 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001672 | 0.002593 | 0.003221 | 0.004142 | 0.004770 | 0.005691 | 0.006319 |
| Camarilla | 0.003424 | 0.003566 | 0.003708 | 0.003850 | 0.003992 | 0.004134 | 0.004276 |
| Woodie | 0.001527 | 0.002520 | 0.003076 | 0.004069 | 0.004625 | 0.005618 | 0.006174 |
| Fibonacci | 0.002593 | 0.003184 | 0.003550 | 0.004142 | 0.004733 | 0.005099 | 0.005691 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002976 | 0.003618 | 0.004217 | 0.004859 | 0.005458 | 0.006100 | 0.006699 |
| Camarilla | 0.004476 | 0.004590 | 0.004703 | 0.004817 | 0.004931 | 0.005045 | 0.005158 |
| Woodie | 0.002956 | 0.003607 | 0.004197 | 0.004848 | 0.005438 | 0.006089 | 0.006679 |
| Fibonacci | 0.003618 | 0.004092 | 0.004385 | 0.004859 | 0.005333 | 0.005626 | 0.006100 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.60 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -11.540216 | |
| AROON (14): | -71.428569 | |
| DEMA (21): | 0.003917 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004313 | |
| Elder Ray (13): | -0.000083 | |
| Super Trend (3,10): | 0.004675 | |
| Zig ZAG (10): | 0.004097 | |
| VORTEX (21): | 0.8920 | |
| Stochastique (14,3,5): | 36.52 | |
| TEMA (21): | 0.003859 | |
| Williams %R (14): | -58.78 | |
| Chande Momentum Oscillator (20): | -0.000933 | |
| Repulse (5,40,3): | 11.8958 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7139 | |
| Courbe Coppock: | 37.53 |
| MA7: | 0.003817 | |
| MA20: | 0.004403 | |
| MA50: | 0.004714 | |
| MA100: | 0.006789 | |
| MAexp7: | 0.003979 | |
| MAexp20: | 0.004294 | |
| MAexp50: | 0.005065 | |
| MAexp100: | 0.007467 | |
| Price / MA7: | +7.34% | |
| Price / MA20: | -6.95% | |
| Price / MA50: | -13.09% | |
| Price / MA100: | -39.65% | |
| Price / MAexp7: | +2.97% | |
| Price / MAexp20: | -4.59% | |
| Price / MAexp50: | -19.11% | |
| Price / MAexp100: | -45.13% |
This member declared not having a position on this financial instrument or a related financial instrument.
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